At about 11:20 MT today (1:20 ET) Jim Dines issued a Buy Signal via an email to his Interim Warning Bulletin subscribers. He said, in relevant part,
"But on a deeper level, the Mass Psychology is so negative
that it activates DINOPA into the counter-intuitive
conclusion that when the news is at its worst is when the market
delights in reversing to the upside."
Whether or not today's rally will have any carry through or not is yet to be seen. But the timeliness of this signal, even for a day-trade, was pretty damn impressive.
A
10 comments:
We know the market is going up from here. Cramer called the bottom tonight.
Dennis in the ATL
Allan, I give the timeliness of the day call to Eric Mauthe's Special Situation alert this afternoon with his specific buy recommendations on some of the hi beta favorites. Anyone who took those recommendations would be very very happy at the close today. Yes, lets see if there is follow through.
Bruce,
Still holding calls on AAPL and GOOG purchased on Eric's special alert, great timing from Mr. Mauthe.
A
TTWO, $2/share pop on GTA4 release date. Now the question is will it retreat between now and the release date, april 29, or when sales figures are anounced?
Dennis in the ATL
Cramer called it a bear market...therefor time to jump back in...the guy is a joke.
Allan,
Did the time stamp on the Dines IWB precede to overall rally in the general markets, and did it precede the rally in the mentioned U stock?
Eric
Allan,
Been eyeing PTSC; looks like a bottom may have formed around 40 cents. Don't know if it will rocket back up like it did when we first heard about it here on and Wollie World, but I've picked up some shares in my IRA and two other accounts. I like Wollie's VLNC, but the volume is too low for my liking and I did trade in and out out CPST for some nice gains though I did miss the run up to 1.90 bailing around 1.55. Cheers!
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Mark in Sandy Utah
Allan,
Dines has issued Buy signals all the way down in his stocks. After reading his annual issue, do you stick by your comments from last year on his annual issue, where you found his newsletter the best you subscribe to? He has lost his subscribers a LOT of money last year.
" He has lost his subscribers a LOT of money last year."
So has Muathe BTW.
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